Utah § 70C-2-205 Assignee subject to defenses.

Utah Statutes

§ 70C-2-205 — Assignee subject to defenses.

Utah § 70C-2-205

Title 70CUtah Consumer Credit Code

Ch. 70C-2Finance Charges and Related Provisions

Part 70C-2-2Limitations on Agreements and Practices

This text of Utah § 70C-2-205 (Assignee subject to defenses.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 70C-2-205 (2026).

Text

With respect to a consumer credit sale, an assignee of the rights of the seller is subject to all defenses of the buyer against the seller arising out of the credit sale, but the assignee's liability under this section may not exceed the amount owing to the assignee at the time the defense is asserted against the assignee, and the rights of the buyer may only be asserted as a matter of defense to or setoff against a claim by the assignee.

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With respect to a consumer credit sale, an assignee of the rights of the seller is subject to all defenses of the buyer against the seller arising out of the credit sale, but the assignee's liability under this section may not exceed the amount owing to the assignee at the time the defense is asserted against the assignee, and the rights of the buyer may only be asserted as a matter of defense to or setoff against a claim by the assignee.